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☆ 9 monkeys who died in Hong Kong zoo had been infected with melioidosis, officials say
▼ + stars: | 2024-10-19 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

HONG KONG — Nine monkeys who died in Hong Kong’s oldest zoo in two days this week had been infected with an endemic disease, possibly after some digging work near their cages, officials said on Friday. Another possibility is that some infected monkeys had close contact with other monkeys, he said. “The incubation period for melioidosis in primates is about a week and this matched with the period after the soil digging work,” he said. Edwin Tsui, the controller of the center, said the incident only happened in a single zone and its impact on Hong Kong residents would be very low. The Hong Kong Zoological and Botanical Gardens — the oldest park in the former British colony — fully opened to the public in 1871.

Persons: Kevin Yeung, melioidosis, Yeung, “ We’re, ”, Edwin Tsui Organizations: Culture, Hong Kong Zoological, Botanical Gardens, International Union for Conservation of, Hong Kong’s Center for Health Protection, Leisure, Cultural Services Department, Agriculture, Fisheries, Conservation Department, Department of Health Locations: HONG KONG, Hong Kong’s, Hong, Hong Kong, Central

☆ Zelig Williams: Family of missing ‘Hamilton’ dancer to expand the search area for him
▼ + stars: | 2024-10-19 | by ( Rebekah Riess | ) edition.cnn.com time to read: +2 min

Zelig Williams, 28, was last seen on October 3 at his home in Columbia, according to a statement from the Richland County Sheriff’s Department. We’ve searched that area ourselves on foot more than once, and now we’re looking to expand our search,” said Corbett-Jacobs. Corbett-Jacobs believes Williams may have sought out a spot to go walking, as the family “loves a good walking trail.”Kathy Williams said she believes her son is in danger. At a news conference Wednesday, Corbett-Jacobs said the family believes at the time of his disappearance Williams had stopped taking medication. “He told me when he danced, he feels his sisters with him,” Kathy Williams told Blackwell.

Persons: “ Hamilton, Zelig Williams, Kathy Williams, Mieoki Corbett, Jacobs, CNN’s Victor Blackwell, we’ve, We’ve, ”, Corbett, Williams, “, ” Corbett, Leon Lott, ” Kathy Williams, Blackwell, Zelig Organizations: CNN, Richland County Sheriff’s Department Locations: South Carolina, Columbia, Richland County, Williams

☆ Puzzle master Will Shortz pieces together his recovery from a stroke
▼ + stars: | 2024-10-19 | by ( Meg Tirrell | ) edition.cnn.com time to read: +8 min

The stroke was on the right side of his brain, leaving the left side of his body “completely incapacitated” and causing his speech to be slurred, said Shortz, 72. But the opposite side of the body is affected, which left Shortz with the weakness on his left side. Even with the 15 minutes he spent on the floor, Shortz said, he was at the hospital within an hour. “I do not think that there’s a timestamp to recovery, because our brain is really quite plastic,” she said. “Like solving a crossword puzzle,” Shortz said, “even if you don’t know certain things that are in the puzzle, tackle what you do know.

Persons: Will Shortz, “, ”, Shortz, he’s, Sanjay Gupta, he’d, ” –, Michelle Lin, ” Lin, they’ve, Lin, Andrew Josephson, you’ve, hadn’t, ” Shortz, He’s, Susan Sarandon, Andre Balazs, Adam Bobrow, Kazuyuki Yokoyama, Jeff Vespa, Gupta, Will, “ I’ve, Josephson, Dr, ’ Organizations: CNN, New York Times, US Centers for Disease Control, Mayo Clinic Hospital, Neurology, University of California San, ”, CNN Health Locations: Pleasantville , New York, United States, Mayo, Jacksonville , Florida, University of California San Francisco

☆ A Telegram group posted what it calls 'highly classified' US documents about Israel's attack plans
▼ + stars: | 2024-10-19 | by ( Katie Balevic | Lloyd Lee | ) www.businessinsider.com time to read: +3 min

A Telegram group posted what it says is leaked US intel on Israel's attack plans against Iran. AdvertisementA Telegram channel posted what it says are "highly classified" US intelligence documents analyzing Israel's plans to attack Iran. The region is bracing for an expected Israeli attack on Iran. Israeli officials have said it plans to retaliate for Iran's October 1 missile attack. The US announced this month it would send troops along with "a Terminal High-Altitude Area Defense (THAAD) battery" to Israel in response to Iran's attack.

Persons: —, Hassan Nasrallah, Sean McFate, Benjamin " Bibi, Biden, Bibi, McFate Organizations: intel, Middle East Spectator, Service, East Spectator, Zionist, Department of Defense, Business, US, Defense, Syracuse University Locations: Iran, Islamic Republic of Iran, Israel

☆ Trump’s mass deportation plans would be costly. Here’s why
▼ + stars: | 2024-10-19 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +15 min

Experts noted then, as they note today, that high costs and complex logistics make mass deportation more complicated than campaign promises suggest. Immigrants deported from the United States arrive in Guatemala City on an ICE deportation flight on February 9, 2017. John Moore/Getty ImagesSo what would deporting the millions of undocumented immigrants living in the United States cost? The organization also argues that mass deportation would make more jobs available for Americans. The economic impact of mass deportation, he says, would amount to “utter disaster.”“We Americans, we, the country, we, in our communities, would be significantly damaged,” he says.

Persons: Donald Trump, he’ll, he’s, Trump, they’ve, Tom Homan, Stephen Miller, JD Vance, he’d, Biden, ”, John Sandweg, Obama, ” Trump, wasn’t Trump, “ It’s, Laura Collins, George W, Sandweg, John Moore, Collins, Miller, Jason Houser, “, Houser, “ That’s, ” Collins, …, you’re, ” Sandweg, they’re, ” Houser, it’s, “ They’re, who’d, —, Lisa Sherman Luna, Saul Young, Michael Ettlinger, Zeke Hernandez, Hernandez, that’s Organizations: CNN, Republican National Convention, Customs, Trump, Migration, ICE, Bush Presidential, Immigrants, American Action, American Immigration, Pew Research Center, of Homeland Security, Syracuse University, Department of Homeland Security, Migration Policy, MPI, Pew Research, Tennessee, Refugee Rights Coalition, Community, Knoxville News Sentinel, USA, Carsey School of Public, University of New, Taxation, University of Pennsylvania’s Wharton School, Federation for American Immigration Reform Locations: United States, United, Guatemala City, China, Cuba, India, Russia, Venezuela, Mississippi, Tennessee, Morristown , Tennessee, University of New Hampshire

A federal judge on Thursday issued a temporary restraining order against Florida’s surgeon general, the latest development in a legal battle over a television ad supporting the state’s abortion rights ballot measure. Earlier this month, the Florida Department of Health sent cease-and-desist letters to multiple broadcast stations that had aired the ad, threatening criminal charges against stations that didn’t stop playing it. The restraining order against Florida Surgeon General Joseph Ladapo lasts through Oct. 29. Even before the decision, Federal Communications Commission Chairwoman Jessica Rosenworcel had denounced the cease-and-desist letters as a violation of the First Amendment. The Florida Department of Health continued to oppose the ads in a statement on Friday.

Persons: “, Mark Walker, Joseph Ladapo, ” Walker, Jessica Rosenworcel, ” Rosenworcel, ”, John Wilson, Wilson, Jae Williams, ” Caroline, Lauren Brenzel, ” “, ” Brenzel, Bacardi Jackson, ” Jackson Organizations: Florida Department of Health, U.S, District, Florida, State of, Federal Communications, Tampa Bay Times, Miami Herald, The Florida Department of Health Locations: Florida, Caroline, coercing, State of Florida, Hurricane Milton

She frequently advertises Republicans for Harris, a group that includes the late senator’s son Jim McCain, former Sen. Jeff Flake and Mesa Mayor John Giles. Maricopa County, home of Phoenix, accounts for about two-thirds of Arizona voters, including many of those disaffected Republicans who are well-educated center-right voters. Harris praises McCain in Arizona campaign stopsIn a campaign swing through Arizona last week, Harris fondly — and repeatedly — spoke of McCain and lavished praise on his ACA vote. “It required one more vote to keep it intact, and that vote was the late, great John McCain,” Harris said in Chandler, just outside Phoenix. The Trump campaign dismissed Harris’ GOP outreach as a mirage.

Persons: PHOENIX, Kamala Harris, vanquishing Donald Trump, Sen, John McCain, Joe Biden, Harris, “, Barrett Marson, ” Marson, Donald Trump, ” Harris, Trump, Jim McCain, Jeff Flake, Mesa Mayor John Giles, ” Jen Cox, we’ve, Arizonans, McCain, ” Giles, Giles, Kyrsten, Mark Kelly’s, Kelly’s, Sinema, —, I’ll, Kelly, ”, Rachel Reisner, Cox, Nikki Haley, Marson, Trump’s, ” Cox, ” “ Arizonans, Ruben Gallego, Gallego, Kari Lake, ” Gallego, I’m Organizations: GOP, McCain, Department, Republicans, McCain Republicans, Mesa Mayor, NBC News, Republican, Trump, Democrats, Democrat, Democratic, Green Party, Democratic Party, New York Times, Siena College, Biden, Arizona, Department of Education, Senate Locations: Arizona, Phoenix, Maricopa County, playbook Arizona, Pennsylvania, Michigan, Wisconsin, Mesa, Trump, Chandler, Pima County, Tucson

In 2017, Hurricane Maria damaged three IV fluid manufacturing plants in Puerto Rico, also operated by Baxter, which led to a shortage. “Although this particular shortage on these particular IV fluids is not something we’ve encountered,” DeRienzo said. Along with IV fluids, the North Carolina Baxter facility also made specialty fluids, such as peritoneal dialysis fluid as well as irrigation fluids, used to clean wounds. Ganio said those measures won’t solve the ongoing IV fluid shortage problems long term. “The IV fluids are kind of a good example of the chronic shortages,” he said.

Persons: Helene, Erin Fox, ” Fox, Fox, ‘, ” Michael Ganio, ” Ganio, ”, hasn’t, Baxter, Chris DeRienzo, Hurricane Maria, we’ve, ” DeRienzo, Ganio Organizations: Food, Baxter, FDA, University of Utah Health, American Society of Health, System, Braun, ICU, American Hospital Association, Carolina Baxter, of Health, Human Services, HHS Locations: North Carolina, U.S, Saline, Puerto Rico, Carolina, Canada, China, Ireland

☆ Origins of humanity’s love of carbs revealed, new study suggests
▼ + stars: | 2024-10-18 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —The origin of modern humans’ long-standing love affair with carbs may predate our existence as a species, according to a new study. The study revealed these genes duplicated long before the advent of agriculture. Without amylase, humans would not be able to digest foods such as potatoes, pasta, rice or bread. The research also revealed duplication of the AMY1 gene existed in the genomes of Neanderthals and Denisovans, an extinct hominin first discovered in 2010 about whom relatively little is known. “This study’s genomic sleuthing is helping to finally time stamp some of those major milestones, and it is revealing tantalizing clues about humanity’s long love affair with starch.”

Persons: ”, Feyza Yilmaz, —, sapiens, AMY1, Taylor Hermes, wasn’t, ” Hermes, “, Christina Warinner, John L, Loeb, Warinner Organizations: CNN, The Jackson Laboratory, University of Buffalo, Jackson Laboratory, University of Arkansas, Social Sciences, Harvard University Locations: Farmington , Connecticut, New York

☆ Fact check: Debunking Trump’s October lying spree about immigration
▼ + stars: | 2024-10-18 | by ( Daniel Dale | ) edition.cnn.com time to read: +23 min

Harris’ approach to the border: Trump falsely claimed of Harris: “She was saying the other day, ‘Yes, oh yes, we want to have a border.’ The first time she ever said it. The legal status of immigrants in Springfield: Trump falsely claimed, “They just dropped 30,000 illegal aliens in Springfield, Ohio.”This is false in more than one way. And while there is no official tally of the number of immigrants in Springfield, Trump’s “30,000” figure exceeds local estimates. More about immigrants in Springfield: Trump claimed that immigrants in Springfield are on “probation,” and he added, “Probation is for prisoners.” This is false in two ways. The word “caravan”: Talking about migrant caravans, Trump repeated his false claim that he invented the term: “The caravan.

Persons: Donald Trump, Kamala Harris ’, Harris, Trump, Joe Biden, ”, ” Biden, Alejandro Mayorkas, Biden, ” Harris, didn’t, “, ‘, it’s, –, Kamala Harris, It’s, Hurricane Helene, Hurricane Milton, ” James Hathaway, that’s, they’re, “ That’s, Ohio Sen, JD Vance, Trump’s, Mike DeWine, Vance, Chris Cook, ” Roberto Briceño, ” Trump, ” Helen Fair, hasn’t, Mike Coffman, ” Coffman, They’ve, Honduras –, Barack Obama, Obama’s, Harris “, Aaron Reichlin Organizations: Washington CNN, White, Homeland, Trump, Biden, Department of Homeland Security, ICE, Immigration, Customs, FEMA, Federal Emergency Management Agency, Congress, House Republicans, Refugee, Asylum, University of Michigan, UN, YES, ” Republican Ohio Gov, New York Times, US, “, CNN, Venezuelan, of, . Migrants, Democratic, Institute for Crime & Justice, Research, Birkbeck , University of London, Republican Aurora, Central, Customs Enforcement, El Salvador, Homeland Security, American Immigration Council, ICE hasn’t Locations: El Salvador, Guatemala, Honduras, United States, Texas, Arizona, Afghanistan, ”, That’s, Mexico, U.S, Springfield , Ohio, Univision, Springfield, Ohio, “, Cuba, Vietnam, Hungary, Czechoslovakia, Lebanon, Venezuela, Caracas, Congo, Democratic Republic of Congo, Republic of Congo, United Kingdom, Colorado, Venezuelan, Aurora, America

☆ Big Tech is spending big on nuclear to power its AI ambitions. Here's where they are placing their bets.
▼ + stars: | 2024-10-18 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Major tech companies are investing in nuclear power to support AI data centers. Nuclear energy provides clean, constant power for data centers. AdvertisementTech companies are turning to nuclear power to advance their AI ambitions. Aside from generating enormous amounts of power, nuclear power is also an attractive choice for companies hoping to meet global net zero goals. AdvertisementHere's a closer look at how tech companies are investing in nuclear energy.

Persons: —, Kathryn Huff Organizations: Service, Tech, Google, Companies, University of Illinois, Department of Energy Locations: University of Illinois Urbana, Champaign

☆ 3 major hurricanes in the last 13 months did billions of dollars of damage to Florida's farmlands — and that was before Milton
▼ + stars: | 2024-10-18 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Hurricane Milton's estimated damage to Florida's agriculture could go up to $2.5 billion. That's according to estimates from the Florida Department of Agriculture and Consumer Services. AdvertisementHurricane Milton singlehandedly wrecked as much havoc on Florida's agriculture as three other major hurricanes combined, according to new estimates from the state's agriculture department. The commodities affected by hurricane damage include animal products, citrus and non-citrus fruit farming, field crops, greenhouses, and vegetable farming, per the damage assessment. Representatives of Florida's Department of Agriculture didn't respond to a request for comment from Business Insider, sent outside business hours.

Persons: Idalia, Debby, —, Milton, — Helene, Wilton Simpson, Tom Vilsack, Simpson, Hurricane Milton, Hurricane Helene, Helene Organizations: Florida Department of Agriculture, Consumer Services, Hurricanes, Service, Milton, US Department of Agriculture, Department of, Agricultural Statistics Service, National Agricultural Statistics Service, Fitch, Hurricane, Analytics, Moody's Analytics, Florida's Department, Agriculture, Business Locations: Milton, Florida, Florida's

☆ US imposes first sanctions on Chinese firms for making weapons for Russia’s war in Ukraine
▼ + stars: | 2024-10-18 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

But in an announcement Thursday, the US Treasury Department accused the Chinese firms of direct involvement in arms supplies to Moscow. The Chinese companies had collaborated with Russian defense firms in the production of Moscow’s “Garpiya series” long-range unmanned aerial vehicles, the department said in a statement. “The Garpiya has been deployed by Russia in its brutal war against Ukraine, destroying critical infrastructure and causing mass casualties,” it said. “We have seen for some time Chinese companies providing components to Russian companies that Russian companies then use to turn into machinery, weapons, other components that Russia could use in its war,” State Department spokesman Matthew Miller told reporters Thursday. In the latest sign of their deepening alignment, Chinese and Russian defense officials vowed to strengthen their cooperation during meetings in Beijing last week.

Persons: “, Redlepus, TSK, Matthew Miller, ’, Liu Pengyu, Andrey Belousov, Zhang Youxia Organizations: Hong Kong CNN, US Treasury Department, CNN, Xiamen Limbach Aircraft, Redlepus Vector Industry Shenzhen Co, Treasury Department, US, TSK Vektor, ”, Reuters, China’s, Military Commission Locations: Hong Kong, United States, China, Russia, Ukraine, Washington, Beijing, Moscow, Xiamen, Russian, ’ Beijing, U.S, ”

☆ Battle of the billionaires: Harris deploys Mark Cuban as Elon Musk stumps for Trump
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +8 min

The Grinch is the one that's going to be putting these small business out of business." Unlike Musk, who has donated nearly $75 million and counting to Trump-aligned groups, Cuban is not a political donor. Ben Wikler, Wisconsin's Democratic Party Chair, praised Cuban's "talents" and said he has credibility to reach voters on business and economic issues. But I trust her.”None of this, however, is unfamiliar territory for Cuban, who played a similar role in 2016 for Clinton’s ultimately unsuccessful campaign against Trump. Before that campaign, Trump and Cuban had a hot-and-cold relationship.

Persons: Elon Musk, Donald Trump, Kamala Harris, Mark Cuban, Hillary Clinton, Cuban, Harris, Doug Emhoff, Harris —, —, He’s, Kamala, Trump, Zoe Lofgren, Ben Wikler, Cuban's, Wikler, Jim Watson, Musk, ” Cuban, Chuck Todd, “, Elon, ‘ There’s, ”, Theo Von’s, Diddy, knifed Trump, I’d, Von, Clinton’s, Clinton, Stephen Colbert’s, “ Donald, Gennifer, ” Trump, Bill Clinton, — Trump, Mandel Ngan, Jeff Hauser, Lina Khan, Alexandria Ocasio, “ Harris ’ Organizations: Elon, IGN, Cuban, Venture, SpaceX, Trump, Commission, Equis Research, Wisconsin's Democratic Party, Getty, NBC News, NBA, Dallas Mavericks, Democrats, “ Major League Baseball, Security and Exchange Commission, SEC, Fox News, Department of Health, Human Services, Federal Locations: Wisconsin, Phoenix, Michigan, La Crosse , Wisconsin, Pennsylvania, AFP, Cuban, United States, Harris, Alexandria, Cortez

Trump was shot in the ear, one rallygoer was killed and two others were wounded before a Secret Service countersniper shot and killed the 20-year-old gunman. “We’ll continue to work with the department to look at those recommendations that are actionable and feasible to make changes in the Secret Service,” he said. He told NBC News that applications to join the Secret Service were up, with 400 people currently in various stages of training. Earlier this week, the two men who were wounded by the gunfire at the July rally told NBC News that the Secret Service failed them that day. A Secret Service agent spotted him and opened fire before Routh, 58, had Trump in his sights.

Persons: Donald Trump, Ronald Rowe Jr, Lester Holt, ” Rowe, ”, Trump, rallygoer, Rowe, “ We’ll, Kimberly Cheatle, skewered, Joe Raedle, David Dutch, “, Ryan Wesley Routh, Routh, ” “ Organizations: Secret Service, NBC News, Secret, NBC, Service, Officials, Trump Locations: Butler , Pennsylvania, West Palm Beach, Fla, West Palm Beach , Florida

The latest benefit from the artificial intelligence revolution: saving American taxpayers billions of dollars. The U.S. Treasury Department said its increased use of artificial intelligence in fraud detection helped prevent or recover more than $4 billion over the past year. "Helping ensure that agencies pay the right person, in the right amount, at the right time is central to our efforts." A Treasury official declined to provide specific examples of how AI had been deployed, given the nature of the activities targeted. The Department said it plans to lend resources and lessons-learned from its AI efforts to other federal agencies.

Persons: Wally Adeyemo Organizations: U.S . Treasury Department, Treasury, The, Juniper Research, Internal Revenue Service, IRS Locations: U.S

WASHINGTON — The Biden administration announced a milestone Thursday in its effort to cancel Americans' student debt: it has provided relief to more than one million borrowers who work in public service. The Education Department said that before Biden's presidency, only 7,000 public servants had ever received student debt relief through the Public Service Loan Forgiveness Program. The milestone comes after the administration has faced legal challenges to a number of its student debt relief proposals and roadblocks put up by court rulings. The Supreme Court, for example, ruled last year that the administration’s original student debt forgiveness program couldn't take effect. That plan would have benefited 43 million borrowers by canceling up to $20,000 in debt, potentially costing more than $400 billion.

Persons: WASHINGTON —, Joe Biden, Biden's, Miguel Cardona, ” Cardona, Cardona, Kamala Harris Organizations: Biden, of Education's Public, The Education Department, Public, Education Department, Republican

An independent, bipartisan review identified “numerous mistakes” by the U.S. Secret Service and “specific failures and breakdowns” that enabled the assassination attempt that injured former President Donald Trump in Butler, Pennsylvania, in July. “The Secret Service as an agency requires fundamental reform to carry out its mission," the members added. "Without that reform, the Independent Review Panel believes another Butler can and will happen again.”The Secret Service did not immediately respond to a request for comment on the review. “The increasing demand placed on the agency during this dynamic threat environment has resulted in our people being pushed to the limit,” said Anthony Guglielmi, chief of communications for the Secret Service. The group said it identified “deep flaws in the Secret Service, including some that appear to be systemic or cultural,” including a “lack of critical thinking among Secret Service personnel” and agents’ unwillingness to “speak up” regarding potential threats.

Persons: Donald Trump, ”, Alejandro Mayorkas, Butler, “, Anthony Guglielmi, Trump, Thomas Matthew Crooks, Crooks Organizations: U.S, Secret, Homeland, Service, NBC News, Trump, Trump Campaign, Trump’s Locations: Butler , Pennsylvania, Butler, Iran, Pennsylvania

☆ AI helped Uncle Sam catch $1 billion of fraud in one year. And it’s just getting started
▼ + stars: | 2024-10-17 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —The federal government’s bet on using artificial intelligence to fight financial crime appears to be paying off. The Treasury Department credited AI with helping officials prevent and recover more than $4 billion worth of fraud overall in fiscal 2024, a six-fold spike from the year before. US officials quietly started using AI to detect financial crime in late 2022, taking a page out of what many banks and credit card companies already do to stop bad guys. The Treasury’s use of AI to fight financial crime is just getting started. Officials are testing new data sources to better spot fraud and shady payments, and they are teaming up with state agencies to fight unemployment insurance fraud.

Persons: That’s, “ It’s, Renata Miskell, ” Miskell, it’s, It’s, Janet Yellen, Yellen, Miskell, ” Organizations: New, New York CNN, US Treasury Department, CNN, Treasury, Treasury Department, Social Security, Internal Revenue Service, Juniper Research Locations: New York, Hong Kong

☆ FBI arrests Alabama man for SEC X hack that spiked price of bitcoin
▼ + stars: | 2024-10-17 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

FBI agents on Thursday arrested an Alabama man for his alleged role in the Jan. 9 hack of the Securities and Exchange Commission's X account, which sent the price of bitcoin spiking by more than $1,000, the Department of Justice announced. The tweet said, "Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges." Shortly afterward, the SEC regained control of its social media account, and announced the tweet was false and the result of a hack. A day after the hack, the SEC approved rule changes that allowed the creation of bitcoin ETFs in the United States. Council, who used the online handles "Ronin," "Easymunny," and "AGiantSchnauzer," allegedly was paid in bitcoin by co-conspirators for his role in the hack.

Persons: Eric Council Jr, Gary Gensler Organizations: Securities, Exchange, Department of Justice, Northern, Northern District of, Prosecutors, SEC, BTC, DOJ, Council, FBI Locations: Alabama, Northern District, Northern District of Alabama, United States

☆ This tiny country is giving $2,000 to every household as an Exxon oil boom supercharges its economy
▼ + stars: | 2024-10-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Guyana, the tiny South American nation, is giving $2,000 to every household in the country. AdvertisementThe world's fastest-growing economy is handing the equivalent of $2,000 to every household as it works to share its newfound oil wealth and soften the sting of higher living costs. Its oil fund held over $1.7 trillion of assets at the end of June, or more than $300,000 per Norwegian citizen. Sharing the wealthGuyana's $2,000 payment to households "sounds like great news," Karl Widerquist, a philosophy professor at Georgetown University-Qatar and the author of several books about universal basic income (UBI) told BI. Guyana's one-off, unconditional cash grant is a "positive step," Cleo Goodman, the basic income lead at the Autonomy Institute think tank, told BI.

Persons: —, Mohamed Irfaan Ali of, Ali, They've, Nicolas Suarez, Suarez, Karl Widerquist, Cleo Goodman Organizations: Service, Department, Public, Guyanese, P Global Market Intelligence, Resource Fund, Bank, Exxon, Guyana ramped, Monetary Fund, Georgetown University, Qatar, Autonomy Institute Locations: Guyana, Mohamed Irfaan Ali of Guyana, America, Riding, Britain, Venezuela, Brazil, Suriname, Netherlands

☆ 60,000 student-loan borrowers in public service are getting $4.5 billion in debt cancellation while Biden's broader relief remains blocked in court
▼ + stars: | 2024-10-17 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Biden announced an additional $4.5 billion in student-debt cancellation for 60,000 borrowers in public service. It's a result of fixes to the Public Service Loan Forgiveness program over the past few years. At the same time, Biden's broader student-debt relief plans remain stalled in court. AdvertisementAnother batch of student-loan borrowers in public service has been approved for billions of dollars in debt relief. According to the White House, this brings the number of borrowers approved for debt relief through PSLF to 1 million under the Biden administration.

Persons: Biden, —, Joe Biden, Harris, Miguel Cardona, Trump, Biden's Organizations: Public, Service, Education Department, White, GOP, Higher, Republican Locations: It's, PSLF

☆ A major student-loan company is being punished for preventing over 460,000 borrowers from accessing cheaper monthly payments
▼ + stars: | 2024-10-17 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The Education Department said student-loan company MOHELA failed to process borrower applications for income-driven repayment plans. AdvertisementThe Education Department notified student-loan company MOHELA on Tuesday that it would be facing penalties for failing to perform the servicing obligations required in its contract. According to a document from the Education Department reviewed by Business Insider, MOHELA has failed to process over 460,000 applications for borrowers on income-driven repayment plans, preventing those borrowers from accessing more affordable monthly payments. "Federal Student Aid has determined, through its oversight of federal student loan servicers, that MOHELA has not consistently met the Department's standards for serving borrowers. In January, the department withheld pay from the remaining three major federal servicers over failure to deliver on-time billing statements to borrowers.

Persons: MOHELA, —, Miguel Cardona, servicers, MOHELA's, Cardona, Sen, Elizabeth Warren, we've, Warren Organizations: Education Department, Service, Business, Department, Aid, Federal

☆ Military and defense leaders explain how 5G and Open RAN are helping solve networking challenges
▼ + stars: | 2024-10-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

5G and Open RAN are some networking technologies they highlighted. "5G networks will enable automated guided vehicles, port and airfield operations, and cutting-edge telemedicine such as remote access to specialists and rapid creation of field hospitals," Ramirez said. "So looking at this from the perspective of how do we actually manipulate these systems internally, we've gone 100% in on Open RAN as our solution. We have a perspective of how Open RAN is the basis for taking advantage of these technologies and pushing us into the 6G era." The Department of Defense is working with academic and industry leaders on Open RAN to bring its communications systems into a new era, he said.

Persons: —, It's, Venice Goodwine, that's, Goodwine, Juan Ramirez, Ramirez, Tom Rondeau, Rondeau, we've Organizations: MWC Las Vegas, RAN, Service, MWC, Vegas, Radio Access, Department of, Air Force, Air, Department of Defense, Department Locations: Venice

☆ US says B-2 stealth bombers struck hidden Houthi weapons, sending a message to foes that nothing is out of reach
▼ + stars: | 2024-10-17 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

The strikes targeted Houthi weapons storage facilities, according to the Pentagon. US B-2 bombers were part of the operation, marking their first known involvement in the Houthi conflict. AdvertisementThe US military hit Houthi targets in Yemen with multiple "precision strikes," the Pentagon announced late Wednesday evening. The strikes on Wednesday — early Thursday local time — mark the latest US bombardment of Houthi targets in Yemen. American forces targeted the rebels earlier this month.

Persons: —, Defense Lloyd Austin, Austin Organizations: Pentagon, Service, Defense, Navy, US Air Force, of Defense, US Central Command, US Locations: Yemen, Iran, United States, Gulf of Aden, Israel

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